Aptos Blockchain, Which Was Recently Launched, Has Released Its Strategy for Distributing APT
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Early this morning, the newly released APT platform announced on its website the strategy it used for distributing the total of 1 billion Aptos coins that were launched. The summary reported that all the tokens would be in full circulation by 2032.
In the post, 51 percent of the total tokens were allocated to community members of Aptos, while 19 percent was given to the developers of the coin. The remaining percentage will go to the APT foundation and its investors.
Currently, the total number of tokens held by the APT foundation is 410,000,000 and will be in circulation for the next decade. Temporarily, 5,000,000 Aptos were budgeted for projects on the ecosystem, incentives, and unidentified growth initiatives in the community.
Members of the New Aptos Coins Community Criticize the APT Plan
The Aptos blockchain was created and maintained by an organization called Aptos Laboratory. 100 million tokens were allocated to them.
However, investors and faithful members’ coins are subjected to a four-year public hold with the new web launch.
Holders who stake their coins to help foster development receive the reward of a 7% incentive rate annually, which is accessed every time. Aptos community members reacted lukewarmly to the announcement, with many criticizing the platform for the percentage given to APT developers.
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